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PICC Property and Casualty Co Ltd Class H PPCCF

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

PICC P&C is China’s largest nonlife insurer, commanding about 33% market share in the country. It was founded by the People’s Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

Contact
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District
Beijing, 100022, China, People's Republic of
T +86 1085176084
Sector Financial Services
Industry Insurance - Property & Casualty
Most Recent Earnings —
Fiscal Year End Dec 31, 2021
Stock Type —
Employees 180,616

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